What is the number of unemployed youth of India?
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What is the number of unemployed youth of India?
The unemployment rate in August 2021 stood at 32.03\%, which means almost every third youth in the country is unemployed. If we look at different age segments of 15-19, 20-24 and 25-29 years, their unemployment rates in August were 67.21\%, 45.28\% and 13.24\%, respectively.
What is the current status of unemployment in India?
The rise in the unemployment rate comes in the backdrop of the Covid-19 pandemic, which suspended commercial activities for a long time, leading to people losing jobs countrywide.
How can we stop unemployment in India?
Top 6 Strategies to Reduce Unemployment
- Strategy 1# Use of Labour-intensive Technology:
- Strategy 2# Accelerating Investment in Agriculture:
- Strategy 3# Diversification of Agriculture:
- Strategy 4# Labour-Intensive Industrial Growth:
- Strategy 5# Services and Employment Growth:
Is unemployment really a problem in India?
This was evidenced in his convocation address of Bangalore University, where he said that, “It is not unemployment which is a major problem; it is the question of ‘unemployability’ which is a bigger crisis”. The India Labour Report 2007 stated that 53\% of India’s youth lacked skill development that would help make them employable.
Is unemployability a bigger problem than unemployment?
We believe that unemployability is a bigger problem than unemployment and hence we have set ourselves into a mission to address this problem. As the first step towards addressing this issue, we set out to identify traits / skills which are required in order to achieve success. The 10 employability skills which most employers look for are:
What is the meaning of unemployable in English?
Unemployable means : “not acceptable for employment as a worker.” Unemployment is : “the state of being unemployed.” Now let us look into some intriguing facts ( India ): More than 50 lakh students graduate per year. Very few are fit to be employed.
Is unemployability the other side of the unemployment coin?
If growing unemployment is seen as one side of the coin, then the other would have to be unemployability. What is unemployability, you may ask? It is the state of not being fit for unemployment even if the person is technically qualified for a certain job.